Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

AD Ports Trial Operations Begin at Noatum Ports - Safaga Terminal in Egypt

AD Ports Trial Operations Begin at Noatum Ports - Safaga Terminal in Egypt

Hamworthy is Back as Independent Company

Hamworthy is Back as Independent Company

New Zealand selects two LNG terminal bidders for energy security

New Zealand selects two LNG terminal bidders for energy security

Port Everglades Contributes $48.3b in Economic Impact, 300,000 Jobs for Florida

Port Everglades Contributes $48.3b in Economic Impact, 300,000 Jobs for Florida

Subscribe for Maritime Logistics Professional E‑News

Fuel shortages in Southern Russia spark panic buying
Vietnam Orders Airlines to Accelerate U.S. Deals as Washington Trade Probes Mount
Union: Ukraine rail tariff increase threatens 300 000 jobs and the steel sector